MBFI MB Financial Inc.

MB Financial, Inc. (the “Company”) (NASDAQ:MBFI) announced today that American Chartered Statutory Trust I (the “Trust”) will redeem all of the Trust’s issued and outstanding capital (preferred) securities (the “Capital Securities”) on March 19, 2018.  The aggregate redemption price (the “Redemption Price”) is $20.0 million plus accrued and unpaid interest to, but excluding, March 18, 2018, totaling approximately $0.3 million.

The redemption of the Capital Securities is a result of the concurrent redemption that will be made by the Company of its Floating Rate Junior Subordinated Deferrable Interest Debentures due 2031 (the “Debentures”), all of which are held by the Trust.  The Debentures were originally issued by American Chartered Bancorp, Inc. (“American Chartered”) and were assumed by the Company upon the merger of American Chartered with and into the Company on August 24, 2016.

Notice of the redemption and payment of the aggregate Redemption Price will be made to holders of record on the Company’s behalf by U.S. Bank National Association (the “Trustee”), as successor trustee to State Street Bank and Trust Company of Connecticut, National Association.  Questions regarding the redemption of the Capital Securities may be directed to the Trustee by calling 1 (800) 934-6802.  Holders of the Capital Securities need not take any action to receive payment of the Redemption Price.

The redemption will be funded with a portion of the net proceeds of the Company’s public offering of depositary shares, each representing a 1/40th interest in a share of the Company’s 6.00% Non-Cumulative Perpetual Preferred Stock, Series C, which was completed on November 22, 2017.

MB Financial, Inc. is the Chicago-based holding company for MB Financial Bank, N.A. (“MB”) which has approximately $20 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals.  MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success.  Learn more about MB by visiting www.mbfinancial.com.

Safe Harbor Statement: Statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. By their nature, such statements are subject to numerous factors that could cause actual results to differ materially from those anticipated in the statements, as discussed in MB Financial’s filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements and MB Financial undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

For Information at MB Financial, Inc. contact:Berry Allen - Investor RelationsE-Mail: beallen@mbfinancial.com